"The emergency UI program is now penalizing people for going back to work," Sasse said. "We've got to get America and Americans up and running."
Insider spoke with Krugman on Wednesday to get his take on how the US recovery's progressing. Here is a lightly edited transcript of the conversation.
"The very rich and large corporations should start paying their fair share of taxes to help us rebuild America and create the jobs that we need," Sanders said.
About 64% of respondents said the administration's policies had a positive impact on the global economy, and 60% believe they support global markets.
"AOC said his first 100 days exceeded her expectations," Graham said about Democratic Rep. Alexandria Ocasio-Cortez. "That's all you need to know."
One in four Americans said the economy needs "major changes," and 10% said it should be "completely reformed" after recovering from the pandemic.
A $10 trillion plan could create tens of millions of "good union jobs," Rep. Alexandria Ocasio-Cortez said on MSNBC's "Rachel Maddow Show."
Biden's spending plans suggest economic policy will now focus more on maximum employment and less on debt concerns, with inflation the major risk now.
"I'm much more worried that we'll have either inflation or a pretty dramatic fiscal-monetary collision," Summers said of current macroeconomic policy.
President-elect Joe Biden’s nomination of Janet Yellen to head the Treasury Department offers the clearest look yet at how his administration aims to drive an economic recovery. The former Federal Reserve chair will enter the Cabinet as the first woman to run the department and become the first person to […]
Democratic hopes of a unified government with control of both Congress and the White House were dashed this week. Depending on the outcome of two runoff races in Georgia early next year, Democrats may face at least two more years of divided government. But experts say a Biden administration has […]
Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein. He writes that President Donald Trump’s win in Florida – largely driven by the traditionally Democratic Miami-Dade Country – […]
Additional fiscal stimulus is needed to keep the economic recovery on track, former Federal Reserve Chair Janet Yellen said Monday. The central bank “has already done a huge amount,” and now Congress needs to pick up the slack, she said on Bloomberg TV. “While the pandemic is still seriously affecting […]
Investors are increasingly prepping for a Democratic sweep in November, as well as front-loaded stimulus to boost the economic recovery, JPMorgan said following a recent call with clients. Vice President Joe Biden maintains a hefty polling lead in what’s shaping up to be “the most stable election in modern history,” […]
Trump ushered in the Republican National Convention with effusive praise for his economic record. “There’s never been three months when we’ve put more people to work. We’re just about ready to break the all-time stock market record,” Trump said at the RNC. But four economic statistics illustrate an increasing level […]
Trump’s campaign released a second-term agenda that touches on jobs, taxes, and the economy if the president is reelected in November. It’s an agenda stacked with ambition, but relatively empty on policy details. Among the campaign’s promises are the creation of 10 million new jobs over 10 months and tax […]
Nobel laureate Joseph Stiglitz in a Wednesday interview with Business Insider’s Sara Silverstein discussed the damage the coronavirus outbreak is inflicting on the US economy and what it might take to eventually rebound from the sudden shock. While he expects the US economy to rebound at some point, “it won’t […]